Silver Lake Partners to acquire 51% of Intel Corporation's Altera Business
On April 14, 2025, Silver Lake Partners announced they entered a definitive agreement with Intel Corporation in which Silver Lake will acquire 51% of Intel Corporation's Altera business.The deal grants Altera operational autonomy, positioning it as the leading company solely focused on FPGA (field programmable gate array) semiconductor solutions, with a valuation of US$8.75 billion. Intel will retain a 49% stake in Altera's business.
Silver Lake is a global private equity firm focused on investments in technology, technology-enabled and related industries. The firm is a global leader in technology investing.
Intel Corporation based in California, USA is a technology firm that creates, produces, and markets computer parts such as CPUs and other related products for both business and consumer use.
McCarthy Tétrault advised Silver Lake Partners as Canadian Counsel with a team led by Ian Mak, Victoria de Luna and Heidi Gordon that also included Haiya Peng, Ivor Selimovic, Sarah Chen (Business) William Lee, Jennifer Sun (Financial Services) Marie-Soleil Landry, Joannie Marcoux (Tax) Christine Ing, Michael Scherman, Jamie Parker, Mohammed M'Hiri, (Technology) Vincent Yip (Intellectual Property) Debbie Salzberger, Alykhan Rahim (Competition/Anti-trust) Martha Harrison, Oksana Migtiko (International Trade and Investment) Patrick Pengelly, Marco Fimiani, Grace McDonell (Labour) Kelleher Lynch, Julia Miller (Pension) Anthony Salandra, and Damiana Pavone (Real Estate).
